# Containing Petroleum Oils Or Oils Ob trade prices and signals...

The featured reported corridor is Singapore to China, with a unit value of $2,837.69 per metric ton.

## Latest corridor price evidence

| Year | Route | USD per ton | Market median | Difference | Quantity |
| --- | --- | --- | --- | --- | --- |
| 2023 | USA to Mexico | $4,655.8 | $4,655.8 | 0% | 115,758.1 t |
| 2023 | Singapore to China | $3,835.6 | $4,630.18 | -17.2% | 123,315.9 t |
| 2023 | France to Belgium | $4,027.45 | $5,053.52 | -20.3% | 82,913.7 t |
| 2023 | France to Italy | $3,754.83 | $5,244.01 | -28.4% | 78,199.3 t |
| 2023 | France to Germany | $5,620.83 | $5,331.72 | +5.4% | 49,997.7 t |
| 2023 | USA to Canada | $5,728.76 | $6,646.15 | -13.8% | 41,697.3 t |
| 2023 | Singapore to Republic of Korea | $4,315.98 | $5,749.64 | -24.9% | 51,017 t |
| 2023 | Singapore to Japan | $3,709.09 | $5,167.69 | -28.2% | 58,938.4 t |
| 2023 | China to Russia | $3,939.81 | $8,860.62 | -55.5% | 49,595.5 t |
| 2023 | USA to Singapore | $4,561.79 | $4,125.33 | +10.6% | 40,946.8 t |
| 2023 | Singapore to Indonesia | $3,596.67 | $5,464.47 | -34.2% | 51,419.7 t |
| 2023 | Italy to France | $4,803.37 | $5,253.13 | -8.6% | 35,416 t |
| 2023 | Italy to Germany | $3,870.1 | $5,331.72 | -27.4% | 42,284.7 t |
| 2023 | China to Singapore | $3,288.03 | $4,125.33 | -20.3% | 48,971.9 t |
| 2023 | USA to France | $4,259.24 | $5,253.13 | -18.9% | 36,958.7 t |
| 2023 | Singapore to Thailand | $3,984.83 | $4,891.63 | -18.5% | 37,474.5 t |
| 2023 | USA to China | $4,630.18 | $4,630.18 | 0% | 28,125 t |
| 2023 | France to Netherlands | $3,370.19 | $5,931.9 | -43.2% | 37,356.6 t |
| 2023 | France to Singapore | $3,254.14 | $4,125.33 | -21.1% | 37,819.1 t |
| 2023 | USA to Brazil | $4,766.62 | $4,766.62 | 0% | 25,293.4 t |
| 2023 | Belgium to Germany | $5,592.03 | $5,331.72 | +4.9% | 21,200.1 t |
| 2023 | Italy to Belgium | $4,862.06 | $5,053.52 | -3.8% | 24,140.6 t |
| 2023 | Singapore to India | $3,924.44 | $4,767.25 | -17.7% | 29,834.3 t |
| 2023 | China to United Arab Emirates | $2,896.25 | $4,302.41 | -32.7% | 39,466 t |
| 2023 | France to Turkey | $4,517.06 | $5,302.34 | -14.8% | 24,908.9 t |
| 2023 | USA to Japan | $5,519.53 | $5,167.69 | +6.8% | 20,111.7 t |
| 2023 | France to Spain | $4,601.43 | $5,719.1 | -19.5% | 24,001.8 t |
| 2023 | USA to Belgium | $5,053.52 | $5,053.52 | 0% | 20,462.4 t |
| 2023 | Belgium to France | $4,689.47 | $5,253.13 | -10.7% | 19,118.6 t |
| 2023 | Singapore to Malaysia | $3,990.69 | $4,166.85 | -4.2% | 22,453.5 t |
| 2023 | Singapore to United Arab Emirates | $3,384.85 | $4,302.41 | -21.3% | 26,181.2 t |
| 2023 | Italy to USA | $5,138.52 | $4,629.63 | +11% | 17,210 t |
| 2023 | Singapore to Australia | $4,403.45 | $5,451.96 | -19.2% | 19,712.3 t |
| 2023 | China to Republic of Korea | $3,988.72 | $5,749.64 | -30.6% | 20,624 t |
| 2023 | France to United Arab Emirates | $4,278.23 | $4,302.41 | -0.6% | 18,816.8 t |

## Featured corridor trade history

| Year | Route trade | Year-on-year change | 3-year growth |
| --- | --- | --- | --- |
| 2010 | $290.1M | +38.1% | +24.4% |
| 2011 | $354.2M | +22.1% | +25.4% |
| 2012 | $444.1M | +25.4% | +28.3% |
| 2013 | $531.2M | +19.6% | +22.3% |
| 2014 | $514.5M | -3.1% | +13.3% |
| 2015 | $458.2M | -11% | +1% |
| 2016 | $497.3M | +8.5% | -2.2% |
| 2017 | $443.0M | -10.9% | -4.9% |
| 2018 | $501.8M | +13.3% | +3.1% |
| 2019 | $531.3M | +5.9% | +2.2% |
| 2020 | $495.2M | -6.8% | +3.8% |
| 2021 | $552.1M | +11.5% | +3.2% |
| 2022 | $441.2M | -20.1% | -6% |
| 2023 | $481.7M | +9.2% | -0.9% |
| 2024 | $460.3M | -4.5% | -5.9% |

_Source: reported merchandise trade data. Updated 2026-08-14._